Because of the Intangible Nature of Services,consumers Often Perceive Price

question 113

Multiple Choice

Because of the intangible nature of services,consumers often perceive price as a possible indicator of the ________ of the service.

• A)profit or ROI
• B)customer value
• C)quality
• D)target market
• E)cost

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Definitions:

Minority Groups

Demographic groups within a population distinguished by cultural, ethnic, racial, religious, or linguistic characteristics and often experiencing disparate treatment or representation.

Discriminatory Law

Laws or legislation that unfairly differentiate between individuals or groups, often based on race, gender, sexuality, religion, or other characteristics, leading to inequality or injustice.

Strict Scrutiny

A form of judicial review that courts use to determine the constitutionality of certain laws, requiring laws to serve a "compelling state interest" and be narrowly tailored to achieve their goals.

Narrowly Tailored

A legal doctrine requiring laws to be specifically designed to achieve their objective without affecting other rights more than necessary.